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Global Digital Payments Market 2021: Research Analysis, Revenue, Share, Key Drivers, Industry Trends And CAGR Forecast to 2030
The Business Research Company offers "Digital Payments Global Market Report 2021: COVID-19 Growth And Change" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.The digital payments market report describes and explains the global digital payments market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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The digital payments market consists of all the transactions that take place across the digital media along with the product and services associated. Digital payments is a payment mode that uses digital medium such as the internet, cell phones, and automated devices to send and receive money. It needs both payer and payee to use the digital means to send and receive money, it is not mandatory in some situations for the payee to use a digital medium to receive money.
The global digital payments market is expected to grow from $5058.96 billion in 2020 to $5872.89 billion in 2021 at a compound annual growth rate (CAGR) of 16.1%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The digital payments market is expected to reach $9073.09 billion in 2025 at a CAGR of 11%.
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Some of the major players of the digital payments market are Alipay, Amazon Pay, Apple Pay, Tencent, Google Pay, First Data, Paypal, Fiserv, Visa Inc., and MasterCard.
The countries covered in the global digital payments market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global digital payments market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global digital payments market is segmented -
1) By Mode Of Payment: Point Of Sale, Online Sale
2) By End-User Industry: Retail, Banking And Financial Service, Telecommunication, Government, Transportation, Others
3) By Deployment: Cloud, On-Premise
4) By Enterprise: Large Enterprises, Small And Medium Enterprises
Read More On The Global Digital Payments Market Report:
https://www.thebusinessresearchcompany.com/report/digital-payments-global-market-report-2020-30-covid-19-implications-and-growth
Few Points From Table Of Content
1. Executive Summary
2. Digital Payments Market Characteristics
3. Digital Payments Market Trends And Strategies
4. Impact Of COVID-19 On Digital Payments
5. Digital Payments Market Size And Growth
.....
26. Africa Digital Payments Market
27. Digital Payments Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Digital Payments Market
29. Digital Payments Market Future Outlook and Potential Analysis
30. Appendix
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